Renforth Resources

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  1. rickydi

    rickydi Senior Investor

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    A MUST MUST MUST WATCH VIDEO

    2022 StockPulse Silver Symposium Catalyst Clips | Nicole Brewster of Renforth Resources




     
  2. rickydi

    rickydi Senior Investor

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    Channel Sampling at Lalonde Uncovers Shear Zone and Associated Battery

    Press release highlights

    • July channel sampling program revealed mineralized shear in second channel, previously only seen within the historic pit in the powerline corridor at Lalonde
    • July channel sampling confirms second undrilled and not previously seen mineralized horizon at Victoria to the north of the stripped area
    • Current stripping program has discovered two shears, a north and a south, at Lalonde
    • July channel results include a highlight of 0.42% Ni over 0.6m within channel #2
    Complete PR available at: https://www.thenewswire.com/press-r...ne-and-associated-battery-mineralization.html
     
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    rickydi Senior Investor

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    The EV Revolution - How EVs are completely reshaping the auto industry

    Surimau 330 Km² of ev metals
    Potential for open pit according to CEO
     
  4. rickydi

    rickydi Senior Investor

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    Interview with Nicole Brewster, President & CEO of Renforth Resources (CSE: RFR) (OTCQB:RFHRF)

    Renforth Resources Inc. is a Canada-based gold exploration company. The Company’s owns surface gold bearing properties located in the Provinces of Quebec and Ontario, Canada.

    It holds the Parbec Property in the Malartic gold camp, with gold present at surface and to some depth, located on the Cadillac Break, contiguous to the East Amphi portion of the Canadian Malartic Mine property.

    It owns the Surimeau property, also contiguous to Canadian Malartic and the southern border of the Malartic West property. Surimeau hosts polymetallic mineralization.

    It also holds Malartic West property that covers approximately 53 square kilometers (km) and located within the Pontiac Sediments. Its Nixon-Bartleman project is located in the West Timmins Mining Area, in the western part of the Porcupine Mining Camp.

    0:00 - Company Overview 0:30
    Focus of the Company 3:01
    Plan in Developing a Large Nickel Sulfide Project 4:43
    Optionality in Advancing the Project 10:06
    Renforth Resources as an Investment 12:24 | 15:41
    Confidence in the Company and its Solely-Owned Project 14:07
    Possible Plans for Raising Capital 17:52
    Outro
     
  5. rickydi

    rickydi Senior Investor

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    CSE: RFR OTCQB: RFHRF

    RFR is @0.035¢ market price but with 0.25¢ value for Parbec and 0.11¢ for Surimeau read below

    RFR has the best of both world with Parbec Au open pit (mineralization starts at surface) Parbec Gold Property located 6 km northwest of the large Canadian Malartic open pit gold mine (Agnico Eagle Mines Limited and Yamana Gold Inc.) and adjoining the former East Amphi Gold Mine, all located on or near the gold‐localizing Cadillac Break.

    https://eresearch.com/2021/06/17/eresearch-reports/analyst-articles/renforths-drill-results-at-parbec-continue-to-build-on-existing-gold-in-the-ground/

    https://eresearch.com/wp-content/uploads/2021/04/eR-Renforth-RFR-IR-2021-04-28_FINAL.pdf

    eResearch Corp Target Price of C$0.25

    Surimeau a battery metal district scale discovery on a 330 km² property

    https://s27.q4cdn.com/906368049/files/News/2022/Zacks_SCR_Research_05232022_RFHRF_Ralston.pdf

    According to Zack, based on comparative analysis of junior battery metals companies in the exploration- developmental phase, a mid-first quartile price-to-book (P/B) ratio of 7.6 indicates a share price target of US$0.08 or 0.11¢ Canadian
     
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    https://smallcaps.us/reports/CR_RFR.pdf


    We reiterate our buy recommendation for Renforth Resources with a price target of $0.29, which is 480% above today’s stock price.

    Renforth Resources (RFR) Company Report – May 07, 2022 Renforth Resources is a mineral exploration company that focusses on easily accessible Canadian-based gold projects. It holds Parbec, an open pit gold deposit, and Surimeau, a district scale battery metals discovery, both located near Malartic, Quebec, along with several other mineralized properties.

    While the magnitude for Surimeau continues to build, Parbec remains the most advanced asset. A structural study for the property is now underway, led by a specialized consulting firm. The extensive database of geological data will be reviewed to interpret similarities with other nearby gold deposits.

    The objective is to determine potential gold-bearing structural features that may be identified for exploration targets. These zones present the opportunity to expand the size of the deposit with additional exploration.

    Surimeau presents the right mix of resources at the right time, located in the ideal jurisdiction. Battery Metals are becoming the story of the commodity boom. Surging demand has placed a greater priority on advancement of new domestic deposits of these critical raw materials.

    Renforth has already delivered a discovery success at Victoria West with the confirmation of a large base metals system. The effort now shifts to expand on this beachhead.
     
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    rickydi Senior Investor

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    https://www.weare121.com/121mininginvestment-new-york/renforth-resources/


    Quebec Nickel backed by Gold

    Primary ticker: CSE: RFR, OTCQB: RFHRF
    Stage of development: Exploration
    Primary minerals: Nickel, Cobalt, PGEs and Copper Zinc Silver

    Project to promote: Surimeau District Property
    Project location: Malartic, Quebec
    Website: renforthresources.com

    Corporate presentation: https://renforthresources.com/wp-content/uploads/2022/08/RFR-August-2022-PPT.pdf

    Corporate video:


    Renforth wholly owns Quebec’s newest battery metals district, the 330 km sq Surimeau project. The property has road access, hydro electric power lines on the ground, a rail line and surface battery metals mineralization beside Canada’s largest open pit gold mine in Malartic Quebec, a secure mining jurisdiction. Exploration to date has proven that the Victoria system stretches over ~20km with a mineralized ultramafic that, to date, reaches widths of 125m underground, consisting of a Ni Co PGE body occurring in the same location as a Cu Zn Ag (a tiny bit of Au to date) across the entire strike. 3 km north the Lalonde system, with the same mineralization, is currently at a length of 9 km, both bodies are at surface and open pittable.

    In addition Renforth holds and open pit gold deposit contiguous and on strike to Agnico/Yamana’s (soon Goldfields) Canadian Malartic Mine. An internal resource update is ongoing with a view to selling the gold deposit to fund continued development of the battery metals asset.

    Cash: CAD$1,500,000 (cash & investments)
    Debt: NIL

    Major shareholders:
    Radisson – 8.5%
    Management Ownership – 10%

    Management Profile

    Nicole Brewster – President and CEO

    A partner in a successful boutique exploration contracting firm Nicole became management of RFR, due to being the largest shareholder, at a time, looking backwards, which was the end of the junior exploration market. Rehabilitating the Company, the Board and rescuing asset ownership was followed by the maturation and sale of that gold deposit, which provided funding to further drill the Parbec deposit and acquire the Surimeau property, amongst other assets. Today Nicole is focussed on proving that Renforth’s newest battery metals asset, with excellent logistics and location, can be Quebec’s newest critical minerals deposit.

    What is your rationale for taking part in 121 Mining Investment?

    I am trying 121 in order to raise the profile of RFR, looking for support in the market.

    In addition to this the Parbec gold deposit is now non-core and available for sale in order to fund work at Surimeau.

    What recent news would you like to highlight to investors attending?

    July 26 2022 – Field exploration complete, Lalonde 9km strike length, visual results summarized
    June 9 2022 – Field exploration complete, results summarized, Victoria confirmed as 20km in length
    Mar 29 2022 – Assay results from Dec 2021 drill program including 3.46% Ni over 1.5m
    Jan 18 2022 – Channel results from Victoria stripped area
    Nov 10 2021 – Drill results from Victoria drill program
    Oct 6 2021 – the last of the Parbec drill results, includes infill hole result of 21.85m of 3.06 g/t Au
    Aug 24 2021 – earlier drill results for Parbec including 9.5m of 4.66 g/t Au, release also includes the Top 10 metal factor table for 20/21 drilling at Parbec.

    What are your key goals for the next 3, 6 and 12 months?

    3 Months:
    In the next 3 months we will be finishing field work at Surimeau before the snow flies – this will include trenching at Lalonde and Victoria in order to target future drilling and expose a mineralized structure discovered after the last drilling. We may continue our lithium prospecting at Surimeau as time allows.

    6 Months:
    In the next 6 months we will move into winter drilling at Surimeau and will have an internal resource update number for Parbec. This may lead to public disclosure, or, more realistically, additional drilling at Parbec if it is not sold in this time frame.

    12 Months:
    I expect 12 months out we will have an initial resource for the Victoria area of Surimeau complete, exploration focussed on Surimeau, both boots on the ground and drilling, will continue.

    What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

    The market is not supportive of gold, gold juniors or exploration at this time, which precludes the sale of Parbec at an attractive price. The challenge is to keep moving forward while limiting dilution, and raising awareness of our pivot to battery metals on the basis of Surimeau.

    What do you think makes your company such a compelling investment?

    Renforth enjoys first mover advantage and the largest land position in what has been coined a new district, the Cadillac Pontiac Lithium camp. We have a vast under explored property which has been proven to host 29 km (to date) strike of mineralization, which presently can be described as a large scale low grade nickel sulphide polymetallic. As we continue to explore the property we will learn more, the property as it stands is moving forward in an environment of critical under supply of these minerals, all needed for energy storage/batteries, with a location and logistics which will drive the price to one day mine the lowest it can possibly be.

    What are the top 3 key investor takeaways?

    A new large scale surface battery metals discovery in a safe jurisdiction with excellent logistics and green power.
     

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